The Japanese unit of German automaker BMW AG said on Thursday it expected solid sales growth in 2002, Reuters reports.
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The report says that new BMW Japan Corp President Ludwig Willisch told a news conference he expected sales of BMW brand vehicles to rise to 38,000-40,000 in 2002. That compares with sales of 36,253 vehicles in 2001 (which was flat on the previous year).
The addition of the new Mini is also cited as a positive factor for BMW Group in Japan. Sales are targeted at 9,000-10,000 units per annum.
The backdrop to auto sales in Japan remains difficult however, with a sluggish economy and falling prices causing consumers to hold back.
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